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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. decline in home prices for 2023. decline in home prices for 2023.

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These Metros Will Be the First to See Prices Fall in a Market Correction

Pro Builder

These Metros Will Be the First to See Prices Fall in a Market Correction. The investment bank says those markets are "overheated," which implies that home price growth there got too detached from fundamentals during the Pandemic Housing Boom. Mon, 01/16/2023 - 10:30. Indeed, through November, Austin is down 10.4%

Metro 52
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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

Empire Property Concepts Ltd changed its name to MCIOD Limited days before Metro Bank called in the administrators. Companies House records show Empire Properties Concepts Limited was registered in June 2021 and has posted only accounts for a dormant company since then showing £100 in the bank.

Banking 100
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COVID-19 alert: City conducts a 'virtual building inspection' to allow Starbucks and bank to open

BD+C

lies in one of the metro areas first hit by the COVID-19 crisis. The Seattle bedroom community of Bothell, Wash., There, a developer worked with the city to complete a virtual inspection, allowing the Starbucks-anchored development to open while the city was in the midst of the pandemic. The coffeeshop remains open via drive thru. .

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The Top Markets for Women Homebuyers

Pro Builder

A 2022 Bank of America survey revealed that 30% of current female homeowners were single at the time of their home purchases, and nearly two-thirds of survey respondents planned to become homeowners before getting married, SmartAsset reports. Women were approved for at least 25% of all mortgages in the top 40 metro areas.

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Single Female Buyers Are Forging Through Record Price Increases

Pro Builder

Financially independent female buyers seem undeterred by rising home prices in metros like Denver. Single women account for 20% of first-time homebuyers nationwide compared to just 11% of single men, and even sky high home prices in metros like Denver aren’t stopping them from making new home purchases. Tue, 04/19/2022 - 10:23.

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Working to Improve Access to Affordable Housing

Pro Builder

Multifamily construction posted double-digit percentage gains in small metro core and suburban areas during the second quarter of 2021, while multifamily building activity in large metro areas decreased. in small metro suburban areas in Q2 2021, year over year, and 14.3% in small metro urban cores. during the same time.

Housing 59